Insights from Peter Cohan, Columnist at Forbes

Post on 11-Nov-2014

980 views 5 download

Tags:

description

Peter S. Cohan is a management consultant, venture capitalist, teacher, author and blogger. He has invested in six private companies, three of which were sold for a total of $2 billion. He teaches business strategy to undergraduate and MBA students at Babson College; has authored 11 books; and writes the "Startup Economy" column for Forbes and the "Hungry Start-up" column for Inc. Listen to the full 33voices interview at http://www.33voices.com/peter-s-cohan/audio

transcript

PRESENTS10 Inspirational Moments:

PETER S.COHAN

.com/Peter-S-Cohan

Insight #1

An entrepreneur’s emotional currencydemonstrates to the world the passion behind the idea

.com/Peter-S-Cohan

Insight #2

The smartest founders have the intellectual humility to know

what they don’t knowand surround themselves with complementary talent

.com/Peter-S-Cohan

Insight #3

The first 100 days of a new startup is about cascading your visionand building a series of real prototypes that customers are willing to pay for

.com/Peter-S-Cohan

Insight #4

Don’t make assumptions about your customer –get intimate with them and create a learning loop that provides continuous feedback

(0.31m) Peter explains what the “learning loop” is.

.com/Peter-S-Cohan

Insight #5

BE RELENTLESSabout validating the

problem you’re solving

.com/Peter-S-Cohan

Insight #6

It’s dangerous to hire friends early on –

be deliberateand strategic

.com/Peter-S-Cohan

Insight #7

be smart and get a mentor or a strategic advisor

No one is watching your team early on –

.com/Peter-S-Cohan

Insight #8

A great CEO is one who becomes an industry thought leader,has the will to win, values speed, is a risk manager and is an A-team builder

.com/Peter-S-Cohan

Insight #9

Your best opportunity to attract great talent isto be solving complex problems

with a big market potential

.com/Peter-S-Cohan

Insight #10

Venture capital is your multiplier –unless you’re ready to scale,

DON’T SEEK IT

.com/Peter-S-Cohan

Really reflect...

How are you demonstrating your emotional currency?

Really reflect...

Help us keep ideas moving...CONNECT WITH US!